GBPJPY Technical Analysis 4th December 2024 1h chart
– Tuesday Daily candle closed weak Bullish at 189.440 forming weak Daily Support at 189.190 as price continues to range on the Daily timeframe. I’ll be looking for potential Buys above 189.730 targeting Hourly Strong Resistance formed at 190.250 Leaving Runners to the next Hourly Resistance formed around 190.870. I’ll be looking for potential Sells below 189.000 targeting 4h Support formed at 188.540 Leaving Runners to the 15min Support formed at 188.080. Bank Of England Governor Andrew Bailey due to speak in pre-recorded interview at the global Boardroom Digital Conference hosted by the Financial Times.